28/04/2026
Ayala Land Inc. (ALI), the country’s largest property developer, pushed back against market speculation regarding its liquidity, asserting that its balance sheet remains robust with sufficient capital to refinance upcoming obligations and fund its pivot toward recurring income.
ALI pointed out that its net debt-to-equity ratio is 0.8 times and interest coverage of over four times, indicating healthy leverage and strong capacity to service obligations. The company’s total debt stood at approximately ₱300 billion, supported by a ₱1 trillion asset base, which is more than three times its debt.
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